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V0725-19 ·1 April 2019 ·consulta-vinculante Medium impact
Tax

Non-residents in non-EU or EEA countries subject to Wealth Tax under state regulations

A taxpayer moving their tax residence from Spain to Mexico has enquired which regulations apply to assets held in Spain. The DGT has ruled that, as the taxpayer resides in a third country outside the EU or EEA, they are subject to tax via real obligation under state regulations.

In 6 key points

How it affects those involved

This ruling clarifies that individuals residing in non-EU/EEA countries are subject to Spanish Wealth Tax on assets located in Spain, following state-level regulations rather than regional ones.

Lifecycle

2019-04-01PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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